GC Aesthetics said yesterday that it’s decided not to pursue an initial public offering that would have raised $75 million at the midpoint. The Dublin-based breast implant maker said in July that it was looking to float 5.4 million shares at between $13 and $15 apiece. The flotation was also to have included an 802,500-share underwriters’ over-allotment. GC Aesthetics did not […]
GC Aesthetics said last Saturday it set terms for its $75 million initial public offering, looking to float 5.4 million shares between $13 and $15 a piece, according to an SEC filing. The IPO also includes an 802,500 share underwriters over-allotment option, the company said. The offering would command a fully diluted market value of $260 million […]
Breast implant maker GC Aesthetics unveiled plans yesterday for a $75 million initial public offering. The company said it plans to spend $11.5 million on sales and marketing in new and existing countries, including the launch of its Impleo implant, $4.2 million to grow its product portfolio and $5 million to expand manufacturing. The net proceeds will […]
GC Aesthetics brought $60 million from 3 healthcare investment groups it plans to use to expand its breast implant business.
Dublin-based GC Aesthetics is the umbrella company for 2 different brands, Nagor and Eurosilicone.The funding round was led by a $40 million contribution from OrbiMed, with existing backers Montreux Equity Partners and Oyster Capital contributing the rest.